Jackson
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Show her how not mushy it is.
Hey, I'm Jackson with your Daily Brief for Friday, January 9th.
Coming up, Samsung celebrated a profit milestone and investors joined the toast.
And convertible bonds, that's a stock and bond love child, are the most popular they've been in a quarter century.
We'll also check in with Carl to get his answers to your burning questions.
Samsung revealed earnings worth remembering.
The company racked up nearly $14 billion in profit last quarter.
That's triple the sum from a year back, and it's its highest ever.
Samsung is the world's biggest producer of memory chips, and it's a lucrative time to be selling them.
Average prices rose between 20 and 30 percent over the last quarter, with supply staying tight.
Producers are prioritizing high-end chips for AI servers over regular ones for laptops and phones, and analysts expect that squeeze to keep prices elevated throughout this year and maybe into early next year, too.
Investors have pushed the stock up around 16% so far this year, after more than doubling it in 2025.
Now, while the chip shortage is making Samsung richer, it might do the opposite for you.
More expensive chips mean more expensive electronics, from TVs to cars.
Analysts say you could end up paying 5-20% more for your devices this year.
Samsung's success has helped power South Korea's chip exports, turning the country into a key player in the global AI build-out.
Investors now see Korean stocks as a straightforward way to tap into that supply chain, and that's pushed them to record highs.
Just bear this in mind.
If Samsung has been that rising tide lifting Korean chip ships, a stumble could just as easily pull the whole market back out to sea.
Before we dive into the next story, it's time for our daily check-in with Carl.